Oy vey! Bitcoin, the big kahuna of crypto, is feeling a little…flat. 😩 Like a week-old matzo ball. While the rest of the crypto circus – those altcoins, the little guys – are doing the Charleston and celebrating! Ethereum, XRP… they’re practically throwing a ticker-tape parade! So, why is the entire market doing the hustle while Bitcoin’s just standing there, looking perplexed?
The secret, my friends, is something called “Bitcoin Dominance.” Sounds fancy, doesn’t it? Like a Roman emperor’s personal accountant. But it simply means how much of the crypto pie Bitcoin gets to gobble up. And lately? It’s shrinking faster than my toupee in a windstorm! 💨 When dominance dips, it means investors are fleeing Bitcoin faster than you can say “blockchain.” They’re shoveling money into those altcoins! It’s “Altcoin Season,” folks! The time when those quirky, newfangled digital doodads have their moment in the sun! Like a Yiddish comedian finally getting his big break! 🎉
Ethereum, that sneaky little rascal, has jumped almost 3.75%! 3.75%! Meanwhile, Bitcoin’s share of the market is taking a nap. A very long nap. The altcoin market’s total value? Still below its all-time high! Which means, *sniff*, there’s still room for… MORE! And get this – the total crypto market, *without* Bitcoin and Ethereum (can you believe it?!) is looking like 2017 all over again! You remember 2017, right? When everyone thought they were gonna be millionaires overnight? 😂
Bitcoin: Still Bullish? Don’t Make Me Laugh!
Now, normally, Bitcoin leads the dance. It’s the Fred Astaire of crypto. But right now? It’s tripping over its own feet! First, Bitcoin rallies. Then Ethereum shows up and steals the show. After that, the big altcoins join the party, and *then* those tiny, no-name altcoins—the ones you’ve never even heard of—start skyrocketing! It’s a pattern! A rhythm! Like a borscht belt routine! This market? It’s doing the exact same cha-cha!
But don’t despair, Bitcoin lovers! The long-term picture is still…well, let’s just say it’s optimistic. They’re saying it’s a “cup-and-handle pattern.” Sounds like something you’d find in a delicatessen! They’re predicting a move toward $153,000! $153,000! Can you imagine?! You could buy a small island! …Or a lifetime supply of bagels. 🥯 But in the short term? Bitcoin’s got a tough hill to climb between $120,000 and $123,000. Like trying to get a pastrami on rye through airport security!
Those fancy-pants “short-term indicators” (the RSI, whatever that is – sounds like a sneeze!) are saying Bitcoin’s cooled down. It’s not overbought. Which means… it *might* go up! But… (there’s always a but, isn’t there?)… it might dip a little first, down to around $116,700. That’s where all the “liquidity” is. Apparently, that’s a good thing? Who knows! Then, maybe, *just maybe*, it’ll head higher again. It’s crypto, folks! It makes less sense than a penguin wearing a fedora! 🐧🎩
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2025-07-21 06:07